JBM 54 "C"

Operated by COTTONWOOD PETROLEUM CO. (P-5 182075) in the THROCKMORTON COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28322District 7BField 89812001OilCasinghead gasSaveExport
Value, all time
$121 k
Sep 1997 – Jul 2003
Value, last 12 filed months
$57
at the published price for each month
Months reported
71
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 1,000 leases and 3,227 wells, and the rule below applies to all of them.

Discovered
1924-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: CLASS 4 W/DAILY 81 = 6000 TO 8000'

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition6,781 bbl$120,304
Casinghead gasProduction70 Mcf$246
Total$120,549

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.0478, -99.2594. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.04781, -99.25940 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
3,630 ft
1 wells filed one
Completion to plug
5.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 3,630 ft.

Completions filed
Sep 1997
1 of 1 wells
Plug dates filed
Jun 2003
1 of 1 wells

Last completion to plug: a median of 5.8 years across the 1 well that filed both dates, with the middle half between 5.8 years and 5.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4473572513,630 ftSep 1997Jun 2003Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (71)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

71 months

Jul 20030029.415.17$0
Jun 20030128.565.98$6
May 20030126.595.97$6
Apr 20030126.675.41$5
Mar 20030131.146.10$6
Feb 20030133.487.93$8
Jan 20030130.315.58$6
Dec 20020126.914.85$5
Nov 20020124.664.14$4
Oct 20020126.464.23$4
Sep 20020127.443.64$4
Aug 20020125.963.16$3
Jul 20020124.583.06$3
Jun 200261123.733.34$1,451
May 20020124.663.58$4
Apr 200264123.653.51$1,517
Mar 20020122.003.10$3
Feb 200248118.222.38$877
Jan 200230117.172.38$517
Dec 200144116.932.36$747
Nov 200138118.072.41$689
Oct 200142119.782.53$833
Sep 200140124.262.25$973
Aug 200116124.873.05$401
Jul 200121123.933.20$506
Jun 200136124.563.82$888
May 200152125.524.31$1,331
Apr 200146124.685.34$1,141
Mar 200142124.545.38$1,036
Feb 200157127.755.77$1,588
Jan 200141127.478.40$1,135
Dec 200056126.889.12$1,514
Nov 200054132.215.66$1,745
Oct 200068131.235.15$2,129
Sep 200066131.875.19$2,109
Aug 200073129.644.54$2,168
Jul 200095128.534.09$2,714
Jun 200096129.304.40$2,817
May 2000106127.263.68$2,893
Apr 2000117124.513.12$2,871
Mar 2000139128.422.86$3,953
Feb 2000142127.622.73$3,925
Jan 2000174125.272.48$4,399
Dec 19990124.282.42$2
Nov 1999162123.192.43$3,759
Oct 1999140120.982.80$2,940
Sep 1999167121.752.62$3,635
Aug 1999102119.262.88$1,967
Jul 1999106117.892.37$1,899
Jun 1999193115.942.36$3,079
May 19990115.792.32$2
Apr 1999147115.102.21$2,222
Mar 1999138112.471.84$1,723
Feb 199914319.981.82$1,429
Jan 1999212110.381.90$2,202
Dec 199818819.201.77$1,731
Nov 1998366110.892.19$3,988
Oct 1998325112.421.97$4,038
Sep 1998170112.592.08$2,142
Aug 1998172111.301.91$1,946
Jul 199891111.742.24$1,071
Jun 1998163111.242.24$1,834
May 1998175112.622.21$2,211
Apr 1998280113.042.51$3,654
Mar 1998123112.802.31$1,577
Feb 1998254113.952.30$3,546
Jan 1998254114.702.15$3,736
Dec 1997259116.322.41$4,229
Nov 1997242118.193.09$4,405
Oct 1997345119.253.15$6,644
Sep 19970117.742.95$3

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jun 2003 — as filed, then multipliedworked
Oil                    0 bbl  × $ 28.56 =         $0
Casinghead gas         1 Mcf  × $  5.98 =         $6

────────────────────────────────────────────────────
Month total                                       $6

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 7B/O/28322 is the state's own key, not one this site invented.